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Wells Fargo Insurance Services expanded its insurance brokerage footprint this week with the acquisition of ISU Stetson-Beemer Insurance, a commercial property, casualty and employees’ benefits insurance brokerage and consulting firm based in Reno, Nevada.

According to IBISWorld, revenue is expected to grow 35.1% per year to $185.3 million in the five-year period. Generous government incentives for solar thermal energy manufacturing and downstream solar power generation (the industry's customer) have buoyed revenue.

Wall Street firms shouldn't think about complying with the Internal Revenue Service's new rules requiring them to calculate the cost of investors' accounts only as a burdensome operational cost.

The advocacy organization representing independent broker-dealers and independent financial advisors will press its policy priorities to lawmakers on Capitol Hill as part of a two-day summit in the nation's capital.

Advisor Software, a provider of wealth management applications for financial advisors, announced that its goalGetter financial planning application for the iPad is now available for free download from Apple’s App Store.

Cantor Fitzgerald named Jeffrey Lumby as its head of equity capital markets where he’ll be continue to oversee the firm’s Controlled Equity Offering product as well as a variety of equity linked origination and execution responsibilities on behalf of the firm’s clients.

Wall Street firms shouldn't think about complying with the Internal Revenue Service's new rules requiring them to calculate the cost of investors' accounts only as a burdensome operational cost. Instead, they should think of following the new cost-basis reporting rules as a potentially profitable means of retaining and attracing new clients, says a report just issued by research firm Celent.

The nation’s stock exchanges and the Financial Industry Regulatory Authority are filing proposals that will trigger halts in trading, marketwide, more quickly, the Securities and Exchange Commission said.

Insurance agency online marketing provider Insurance Website Builder (IWB) is partnering with Insurance Technologies Corp. (ITC) to add a Facebook social media plugin to its offering. The Facebook social media plugin installs a mini version of an insurance agency’s main website on Facebook, including blogs, employee directory, locations and quote forms.

Eighty-four percent of 401(k) sponsors surveyed by Mercer and the U.S. SIF Foundation (formerly known as the Social Investment Forum Foundation) believe that sustainable and socially responsible investing (SRI) funds will either hold steady or grow in the next five years.